USDE +4.0% in 24 Hours Amid Market Volatility

On SEP 22 2025, USDE rose by 4% within 24 hours to reach $1, following a broader pattern of fluctuation in the broader stablecoin market. Over the past week, the asset experienced a 7.99% decline, while the one-month and one-year performance both showed declines of 8.99%. These movements reflect a market that is reacting to broader macroeconomic signals and structural shifts in algorithmic stablecoin mechanics.

Recent on-chain activity has indicated increased usage of USDE in cross-chain liquidity pools and decentralized finance (DeFi) platforms. Network analytics firms have reported a 15% increase in unique wallet addresses interacting with USDE over the past week, suggesting a broadening user base and growing adoption. This uptick in demand is considered a key factor behind the 24-hour price rebound. However, the longer-term trend remains bearish, with liquidity ratios and redemption pressures contributing to the wider decline.

Technical indicators have shown mixed signals. The RSI moved above the 50 threshold in the last 24 hours, indicating a short-term bullish momentum. However, the 50-day EMA remains above the 200-day EMA, reinforcing a longer-term bearish outlook. Additionally, the moving average convergence divergence (MACD) has yet to show a significant crossover that would signal a strong reversal.